MICHAEL MOORE: I'm very optimistic about the future, young people. Adelson and all those people will be gone, just like the people who voted for Reagan, the older generation that really was behind Reagan.
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CNSNews.com reported that there is little difference between proposals laid out by Boehner and the White House, according to a report from the Committee for a Responsible Budget.
I think they are better off with Boehner's plan to close loopholes and cut some deductions, but I hope the GOP doesn't go along with any plan that doesn't include clear&balanced spending cuts.
According to CBN.com:
Some critics like Colin Hanna, president of Let Freedom Ring, are suggesting President Obama is calculating he's likely to come out a winner, deal or no deal.
"He may be more willing to go over and therefore able in effect to carry off a bluff, whereas the Republicans don't really have a hand of cards that allow them to successfully pull off a bluff," Hanna said.
Polls show the GOP will get the blame if there's no deal and everyone's taxes go up.
Hanna said the president can then turn right around and propose "a tax cut for the lower 98 percent that would be very hard for Republicans to resist."
"What Republican who is always talking about the benefits of tax cuts and smaller government is going to vote against a tax cut that would help 98 percent of Americans, 98 percent of taxpayers?" Hanna said.
Then Obama will have isolated the 2 percent of wealthier Americans he insists must pay more taxes. Even if all this fails, the Democrats would get all that extra tax money to spend from all Americans.
"They are in a commanding position," Hanna concluded.
"This 2 percent fight is actually going to solve only 8 percent of the problem," he said.
Hanna said without massive spending cuts, everyone's taxes would need to go up 60 percent to dig out of the deficit and that would so depress the economy, America would plunge over a much worse fiscal cliff.
The last time the US Senate voted on anything on Christmas Eve was in 1895 regarding the military. SHAME ON ALL SENATORS WHO VOTED YES ON THIS BILL AND BETRAYED THEIR COUNTRY!
Democrats cooked it up and force-fed it to America for Christmas Eve dinner.
Waiting for comedian Al Franken's stolen election in Minnesota to be finalized so that the Senate would have a filibuster-proof majority; the Senate's ramming through of the bill in the dead of night on Christmas Eve; the shenanigans after the Senate lost its super-majority with the election of Scott Brown, which include the House deeming the bill to have been passed without an actual vote, as well as problems with reconciliation; looting half a trillion dollars from an old entitlement (Medicare) to pay for the new entitlement; the dishonest scoring in trying to sell the bill; lies about the cost of the bill; the legal niceties of whether the individual mandate is a tax; Speaker Pelosi's assurance: "We have to pass the bill so that you can find out what is in it."
The final procedural vote took place in the Senate Wednesday with a vote of 60-39 clearing the way for a final vote on the health care bill set for Christmas Eve at 7:00 a.m.
...Without giving the American people time to review the contents of the bill and express their concerns... Using the Christmas holiday as cover, the Senate is working to clear the way for passage of an unpopular and dangerous measure that would dramatically change the way health care is delivered in this nation.
Geithner report signed by President details tax cut success:
Rich Google ally evades taxes.
President Obama has admitted -- in detailed print with his signature -- that the Bush tax cuts worked.
Even though he spent an entire campaign saying of the tax cuts: "That's what took us from surplus to deficit."
A hat tip here to the Hoover Institution's Paul Sperry.
Did you know that the 2012 Economic Report of the President -- the official government document on the economy published by the Obama Administration and signed personally by Obama himself -- admits the Bush tax cuts caused government revenue to go up, not down?
You can find it right here,http://www.gpo.gov/fdsys/pkg/ERP-2012/pdf/ERP-2012.pdf buried in a long, eye-glazing page of statistics on page 413 at very end of a deeply unpublicized but legally required official White House report. The stats were compiled by Obama's own Secretary Timothy Geithner's Department of the Treasury. With Barack Obama literally signing his name in approval of the contents.
President Obama himself -- whose signature is on the report's cover letter -- knows full well that for all the "tax the millionaires and billionaires" rhetoric he dispenses, that rhetoric is factually, say again factually, simply untrue. As he himself documents.
NewsRadio 600 WREC-AM is Memphis' news, traffic & weather station. Listen live online or with our free app. Home of the Tigers, Rush, & Hannity.
President Barack Obama and Republican House Speaker John Boehner spoke Tuesday after privately exchanging a new round of rival proposals for keeping the economy from tumbling off the "fiscal cliff" on January 1, aides to both men told Yahoo News. The fresh discussion signaled a welcome bit of movement in negotiations that had appeared stalled for several days.
"The Speaker and POTUS (the President of the United States) spoke by telephone this evening," a White House official said on condition of anonymity. A Boehner aide said the White House had presented a new offer on tax cuts and revenue increases on Monday and that Republicans had returned with a counter-offer on Tuesday.
The White House refused to offer details about its proposal. But the Boehner aide said the new offer brought Obama's initial demand for $1.6 trillion in new tax revenues down to $1.4 trillion.
The step would still require raising tax rates on wealthier Americans, something Boehner has previously rejected. Obama has said any final deal must raise tax rates on the richest Americans.
Read more: http://www.600wrec.com/pages/news/national/top.html?feed=104668&article=10634263#ixzz2EoGmcQvo
Oh boy...Obama's new fiscal cliff offer reduces his original revenue demand from $1.6 T to $1.4 Trillion, though he campaigned on saying he needed $800M to bring down the debt. Yeah sure, he really thinks we are stupid...I can't believe anyone re-elected him.
Theory: Lesbians get it from their fathers, gay men from their mothers.
Long thought to have some sort of hereditary link, a group of scientists suggested Tuesday that homosexuality is linked to epi-marks — extra layers of information that control how certain genes are expressed. These epi-marks are usually, but not always, "erased" between generations. In homosexuals, these epi-marks aren't erased — they're passed from father-to-daughter or mother-to-son, explains William Rice, an evolutionary biologist at the University of California Santa Barbara and lead author of the study.
What the heck are epi-marks?? Did they make up a new term to legitimize homosexuality as a genetic condition so it can be treated as 'normal' or a disability??
Update: Threats of violence from a Democrat from the House floor:
Holy shit. A Dem on the MI House floor just said "there will be blood" if right-to-work passes. Name is Douglas Geiss.—
Sunny (@sunnyright) December 11, 2012
Update: Michael Moore thinks it is totally awesome that teachers blew off work, and failed to do their jobs today. For the children!
This may be the largest demonstration ever @ the State Capitol. 12,000-15K inside & out. So many teachers present, some schools had 2 close—
Michael Moore (@MMFlint) December 11, 2012
Here is a teachable moment, dear.
@MMFlint And u c this as good thing? "So many teachers present, some schools had 2 close" They obviously care more at their benes than kids—
Thomas Paine (@tpaineus) December 11, 2012
Then again, maybe it’s better for the kids that their teachers stay away:
Michigan teacher proudly smiles in front of misspelled sign. Gov Synder? Snyder you tool @michellemalkin #RightToWork http://t.co/TSixdib2—;
Michael Moon (@Moondizog) December 11, 2012
Hey, Michigan Education Association: How much forced dues money paid for your misspelled sign?==> is.gd/D9YUFI—
Michelle Malkin (@michellemalkin) December 11, 2012
Is our children learning?
Update: Goon-ettes have somehow managed to make right-to-work about a battle for lady parts:
@jakemcguire … and Sen. Whitmer just called #RTW "anti-woman"! I have something to say about that. …—
Lindsey Dodge (@lindseydodge) December 11, 2012
Michigan legislators-don't let women's rights get lost in this battle – right to choose & right to work #savemi #women #michigan #rtwmi—
Melissa Smith (@smitmk) December 11, 2012
Union bringing up lady parts lol @michellemalkin #tcot #RightToWork http://t.co/QONtwP2z—;
Michael Moon (@Moondizog) December 11, 2012
Out of my union-out of my uterus. That where they're hiding Hoffa? @downtownlansing #rtw http://t.co/n7XDglb2—;
Kathy Hoekstra (@khoekstra) December 11, 2012
Update: Union thugs are making good on their threats of violence:
Police called for over 2 hours as women, elderly were rushed & assaulted in @AFPMichigan tent. Thugs promise they will "destroy" supporters.—
Nick Hawatmeh (@NicolaHawatmeh) December 11, 2012
And shouting down counter-protesters:
the pro RTW folks are completely surrounded by protesters, some yelling "scab"—
Lori Higgins (@LoriAHiggins) December 11, 2012
On the spot where Americans for prosperity tent fell, a right-to-work supporter remains, surrounded by union supporters, taking verbal fire.—
Shawn Windsor (@shawnwindsor) December 11, 2012
Be careful guys. RT @LoriAHiggins: the pro RTW folks are completely surrounded by protesters, some yelling "scab" #righttowork—
Levi Russell (@AskLevi) December 11, 2012
How sad and pathetic, these teachers should all be fired for leaving their jobs to protest while putting the children's education second and forcing schools to hire subs.
President Obama and Mitt Romney have both been named to Mad Magazine’s list of “The 20 Dumbest People, Events, and Things of 2012.” Obama finished at number six for his lackluster performance in the first debate.
Obama may have won the election, he still finished at number six for his lackluster performance in his first debate against Romney.
The president’s sleepy attempt at sparring inspired a “First Aid for the Presidential Debate Choking Victim” poster.
“The victim seems to be in a Xanax-induced stupor,” is the first sign of debate choking, according to the sign.
The Washington Post’s Ed O’Keefe explains the tax breaks and deductions that are fueling debate over how to raise revenue and reduce the deficit.
The White House and the nation’s most prominent charities are embroiled in a tense behind-the-scenes debate over President Obama’s push to scale back the nearly century-old tax deduction on donations that the charities say is crucial for their financial health.
In a series of recent meetings and calls, top White House aides have pressed nonprofit groups to line up behind the president’s plan for reducing the federal deficit and averting the year-end “fiscal cliff,” according to people familiar with the talks.
The dispute is the latest in a long-standing struggle over the popular tax provision, which allows people to deduct charitable donations from their taxable income. The battle is playing out at the highest levels of government and in the corridors of K Street.
Since Obama first proposed to lower the deduction in 2009, more than 60 nonprofit groups have spent at least $21 million lobbying Congress and the White House to preserve it, lobbying records show.
Nonprofit group leaders say lowering or eliminating the deduction would reduce giving by wealthy donors. Studies have shown that people would donate less if the deduction were reduced, but estimates of the effect vary widely
Obama has proposed capping the value of tax deductions for individuals earning more than $200,000 ($250,000 for families) at 28 percent, regardless of their tax bracket. This would include deductions for mortgage interest and state and local taxes, along with charitable contributions.
The tax code allows people who itemize deductions to deduct their charitable contributions at their maximum marginal tax rate. So, for example, if someone in the highest tax bracket — now a 35 percent tax rate — gives $100 to charity, the donor saves $35 in taxes. If the deduction were capped at 28 percent, the donor would save only $28.
The president has framed the tax deduction as a benefit for the wealthy, they say, while in their view, the deduction is a benefit for charities, which use the money to help the needy.
Americans donated nearly $300 billion to charity last year. [Charitable]groups say they had to act because lowering the deduction would reduce giving, primarily by the wealthy donors who make the bulk of contributions. With their finances squeezed by the economy and state budget cuts, charities say this would force them to cut funding for services such as aid to the poor and artistic programs.
According to the video, only 8% of tax breaks go to wealthy corporations...
There are 170 tax breaks according to the treasury dept.
The rest are employer tax breaks for providing health care,home mortgage deductions, 401k plans, income earned tax credit, capital gains/death tax, rental income, making work pay tax credit, the child credit and employer provided benefits and charitable contribution.
Obama wants to not only take from the 'rich', top 2%, of small business owners making over $250,000/yr, but he wants to put a limit on how much the 'wealthy' can donate to charities, taking from the poor.
Charitable giving should come from the heart, but it also should not have a limit on how much someone gives regardless of the amount they are given a deduction. If they worked for the money and earned it, it is their money to do what they want and not the govts job to decide how much goes to charity and how much they can tax in order to limit charitable giving.
This is just another way for Obama to take money from 'the rich' and redistribute it, but it will likely not go to the poor&charities as it would if it was given to charitable organizations but would go to unlimited federal spending on other waste like 'investments' in green energy companies like Solyndra and others that have gone bankrupt under Obama.
WASHINGTON (Reuters) - Sharp differences remained on Wednesday between congressional Republicans and the White House in talks to avert the fiscal cliff of steep tax hikes and budget cuts, and negotiators...
61 percent of Republicans, said they would accept raising taxes on the wealthy to avoid the so-called cliff
However, the majority of economists surveyed last year by the National Association for Business Economics believe that the federal deficit should be reduced only or primarily through spending cuts.
As for how to reduce the deficit, nearly 40 percent said the best way would be to contain Medicare and Medicaid costs. Nearly a quarter recommended overhauling the tax system and simplifying tax rates and exemptions. About 15 percent said the government should enact tough spending caps and cut discretionary spending.
According to the survey of 250 economists who are members of NABE, nearly 49 percent of those responding said the country's fiscal policy should be more restrictive, while nearly 37 percent said they believe the government should do more to stimulate the economy. The remainder said fiscal policy should remain the same.
At the same time, more than 70 percent of the people that responded said they expect U.S. fiscal policy to be more restrictive over the next two years.
Similar to last years NABE poll, a recent poll from Gallup finds 70% of Americans want to see spending cuts and a balanced budget, avoiding the 'fiscal cliff' and increasing tax rates on anyone.
Gallup survey released Tuesday showed 70% of all adult Americans want to see Congress and the White House reach a compromise agreement that would avoid the tax hikes and spending cuts included in the fiscal cliff. That's up from the 62% who said they wanted compromise in a Gallup survey conduced last week.
POLITICO/George Washington University Battleground Poll:
Three in four voters[75%] want to “cut government spending across the board,” but 59 percent oppose making significant cuts to the defense budget and 46 percent support ending foreign aid.</p>
The slightest majority backs reducing Social Security and Medicare benefits for seniors that have higher incomes, but 64 percent oppose raising the retirement age to begin collecting Social Security benefits.
41 percent of men favor making significant defense cuts and 56 percent oppose them, only 34 percent of women favor cuts and 62 percent oppose them. That’s a 15-point spread.
Women believe the world is more dangerous, Democratic pollster Lake explained, and they see cutting the military budget as harmful to the troops.
The percentage who believes the country is on the wrong track has popped to 59 percent from 54 percent on the eve of the election. Only 34 percent think America is headed in the right direction.
If the 2014 midterm elections were held today, generic Democrats would have a 3-point advantage over Republicans, 45 to 42 percent. Congressional Republicans had a 1-point lead on the generic ballot, 47 to 46 percent, the weekend before last month’s election.
<p>Deficit spending since Obama came into office have been over a TRILLION per year, unlike in the Bush years.</p>
<p>And we won't collect much in further revenue from increasing taxes to pre-Bush rates, either. Tax history solidly proves that the most on average the Feds collect in income taxes is 18% of GDP -- no matter when we had 91% top tax rates, 70% top tax rates or 28% top tax rates. We are spending 22% of GDP and that is going up -- those TRILLION $$$ annual deficit figures I mentioned earlier.</p>
The Europeans and Canadians ended up implementing VATs to squeeze more out of the turnip when they ran into the equivalent income tax revenue thresholds for their respective economies. Either we do the same or end up cutting...for real.
LANGUAGE WARNING Union Thugs take down AFP tent during a rally during the Right to Work Rally in Michigan. Steven Crowder of Fox News gets hit.
People are still in the tent that holds up to 800 people while Union thugs dismantle the tent and stomp on it. Most people were evacuated when they saw the thugs going after the tent...some were still stuck inside when it was torn down and then thugs proceeded to cut the tent up with knives.
Steven Crowder Challenges Union Assailant to MMA Ring Match or Jail On Hannity
A young mother was senselessly murdered by three teens in western Pennsylvania after she told them to "get a job" and stop roaming the streets when they asked her fiancée for a cigarette, police say.
This is what an entitlement society has created, immoral, greedy & dangerous children who expect to get their way if not they will use force.
Same thing is going on in Michigan with the Unions...they didn't get their way so got violent on people...luckily nobody was killed or severely harmed, yet, but this kind of mentality is escalating and leading to more unrest in our country.
Obama is a horrible role model when it comes to leading our country out of debt and spending us into debt. He insists it's his way or the highway and we go over the 'fiscal cliff'. The fiscal cliff is his spending. Raising taxes on the rich isn't going to solve the spending problem. If you get more money and spend it, it's not going to stop the problem and will only make life worse for others. Yet like the thugs who asked for the cigarette and killed this woman and like the thugs in Michigan who didn't get their way and destroyed private property and punched a conservative activists, they turned to violence instead of rational thinking and thought. They act like toddlers who throw tantrums when they don't get their way.
Belafonte on GOP: Obama Needs To "Work Like A 3rd World Dictator & Just Put Conservatives In Prison - News/Current Events - GOP Briefing Room
These people are not democrats, nor patriots willing to defend and protect our Constitution, they are all a bunch of communists/marxists and socialists. Look at the people who voted for them and support them...violent union thugs, Amanutjob, Chavez, Castro and other tyrants supported Obama's re-election.
Twitchy will continue to monitor this dangerous situation.
Oh my Lord!
AFP tent torn down with women and children in it. Was punched in the face four times. RT and await the video.—
Steven Crowder (@scrowder) December 11, 2012
BREAKING People WERE inside AFP tent that was destroyed. Mob have knivea—
Lee Stranahan (@Stranahan) December 11, 2012
Minor cut on forehead. RT for truth. http://t.co/GxYhSrK0 ;
Steven Crowder (@scrowder) December 11, 2012
No surprise...Trumka is a union thug who should be behind bars...he incites violence and most union thugs are known for being violent. I guess the liberals don't believe in individual choice when it comes to being "pro-choice". They're only prochoice when it comes to abortion not when it comes to giving workers the right to choose to join a union and pay dues.
Obama: Give me Dictatorial Powers or I’ll Take your Country out, The American people--long ago--were shut out of their own government.
A few days ago, Dictator-in-Chief Barack Hussein Obama laid out his demands to Congress for not yet pushing the current USSA (aka “Amerika”) and its people over the ostensible fiscal cliff.
These demands include: a doubling of his campaign “promise” to $1.6 Trillions in new taxes levied on the American people (which will decimate what’s left of the middle-class…his intent all along), an immediate funding (to Obama) of $50Billions (to be used for political purposes as he sees fit…in other words a “gift” to him personally for any political purposes he deems necessary) and personal unlimited sole authority to raise the USSA’s debt ceiling as he desires…whenever he wants. Translation: Obama now demands full dictatorial powers over the US economy and the elimination of Congressional authority—or even input—in all economic matters. In exchange, Obama said he “may” consider spending less of the taxpayers’ (aka “serfs”) money—but, he did not say it was a guarantee.
We discovered a day or so ago that these most recent ObamaDemands are not negotiable. Either Congress gives him full dictatorial control in this matter or he will 1. Bring the country to an immediate close or 2. Write another illegal non-binding Executive Order giving himself supremacy in this matter. As Congress has not yet challenged Obama on any of his EOs we can assume they will, also, remain silent on this one…should it be written.
Another “discovery” is that only Boehner (Obama’s new BFF) and Obama are “negotiating” behind closed doors. The American people—long ago—were shut out of their own government. Now Congress is being shut out, also. Sadly, most people will not accept that which is right in front of them…the truth that we have been living under a dictatorship for at least the last four years. The media won’t report it as, for some inexplicable reason, they rather like barbaric totalitarian governments. Besides, with the Benghazi assassinations being “okayed” by Obama, we already know the media support, if not endorse, murder from this “president” and they will protect and serve him no matter what additional atrocities he commits. And said new atrocities are coming, folks. The media stopped reporting the news years ago and now only deliver what the White House tells them to “report.” As a matter of record, Obama most recently met with Marxist channel MSNBC reporters privately 4 December, 2012.
Any one who still has the ability to think clearly and reason logically understands perfectly well what’s going on. We have been taken over by a criminal totalitarian syndicate that has no intention of letting go until every last liberty is destroyed, every perversion imaginable is employed (the only things Obama will allow to be employed by the way) and every last dollar is either spent or squeezed from our cold dead hands. With no one stopping him, Obama will nationalize everything—including us—for his own reprehensible purposes. Note: For those of you who grew up in the US government school system over the past 20-30 years, please Google USSR. Lenin, Karl Marx Communist Manifesto, Marx’s poems to Lucifer and Josef Stalin’s genocide. You will then get a truer picture of what you—and we—are now facing.